Min­is­ter talks up gas

The West Australian - - FEDERAL POLITICS - FROM PAGE 1

to sig­nif­i­cantly lower emis­sions in im­port­ing coun­tries by around 148 Mt CO2-e by re­plac­ing coal, which has around dou­ble the emis­sions of gas,” Mr Tay­lor will say.

“Our suc­cess means that we can help lower global emis­sions be­low what they would other­wise have been by up to 27 per cent of Aus­tralia’s an­nual emis­sions in the year to De­cem­ber 2018. This is a sub­stan­tial global con­tri­bu­tion to be proud of. (LNG ex­ports) are keep­ing our coun­try eco­nom­i­cally se­cure. And a strong economy means more jobs for Aus­tralians.”

The value of Aus­tralia’s LNG ex­ports are fore­cast to rise from $31.5 bil­lion in 2017-18 to $51.3 bil­lion in 2019-20. LNG ex­port ca­pac­ity is this year fore­cast to be close to 50 mil­lion tonnes.

The State cur­rently ex­ports most of its LNG pro­duc­tion to Ja­pan, the world’s big­gest LNG con­sumer. New long-term con­tracts with cus­tomers in China and In­dia will make the dis­tri­bu­tion of the State’s fu­ture LNG ex­ports more di­verse.

The Fed­eral Gov­ern­ment’s quar­terly up­date of the na­tional green­house gas in­ven­tory for the three months to De­cem­ber 2018, re­leased last week, shows emis­sions in­creased by 0.8 per cent sea­son­ally ad­justed, com­pared to the pre­vi­ous quar­ter.

Mr Tay­lor will today say those who do not fac­tor in the pos­i­tive im­pact of the LNG in­dus­try are read­ing the data wrong.

“Crit­ics — and there are a few of them — are all too ea­ger to trum­pet the lat­est quar­terly emis­sions data as proof that Aus­tralia’s emis­sions re­duc­tions ef­forts are not suf­fi­cient to meet our Paris tar­gets,” he will say.

“Aus­tralia is go­ing to meet its in­ter­na­tional com­mit­ments to re­duce our emis­sions by 26 to 28 per cent by 2030 — while our LNG ex­port in­dus­try also makes a sig­nif­i­cant im­pact to re­duce emis­sions over­seas.”

WA’s En­vi­ron­men­tal Pro­tec­tion Author­ity this week launched a con­sul­ta­tion process to de­velop a new ap­proach to car­bon emis­sions af­ter a guide­line in March was with­drawn fol­low­ing an LNG in­dus­try back­lash.

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